The Greenpoint Post reports that the New York City Council passed a bill on September 16 requiring the Department of Buildings (DOB) to study the safety and feasibility of using aerial drones for building facade inspections. Under th…
As we’ve reported in previous articles, special assessments are not the only tool condo associations and HOAs have to finance common area improvements and major repairs when needed; there are also loans available in the marketplace to help …
Now that the official ‘pause’ on construction has been lifted, more and more construction projects stopped by the onset of the pandemic will be starting - or finishing up. Possibly complicating this shift is the fact that there is a new rou…
Originally proposed in 2014 by Senator Brad Holyman, Senate Bill S44A - or the ‘pied-à-terre tax,’ as it has become known - was introduced to the New York Assembly in January 2019, partly - a ccording to the National Law Review - in …
The Real Deal reports that Sush Torgalkar is leaving his role as CEO of Extell Development not even two years after coming on board from Westbrook Partners. It is the latest in a series of high-level departures from the prolific New Y…
As condo associations and co-ops across the nation (and the world) contend with establishing reopening procedures and monitoring protocols for their existing amenities after COVID-related shutdowns, buildings that are still in development …
While the initial shock of the COVID-19 pandemic may have stopped much of our normal economic activity in its tracks, the gradual revival of business and commerce is inspiring some new thinking and new solutions for individual unit owners, …
On August 17, 2020, Governor Andrew Cuomo announced that all gyms and fitness centers in New York State may reopen for operation on Wednesday, September 2, 2020. (Indoor group fitness classes may be delayed beyond that date.) Upon reopening…
The Council of New York Cooperatives and Condominiums (CNYC) has issued a notice to its members that many New York buildings are preventing census enumerators—the Census Bureau’s carefully trained and vetted workers who visit households i…
As is often the case, New York City is at the forefront in promoting legislation aimed at capping building emissions and promoting green living as part of an environmentally conscious future. As part of this effort, a number of laws and ord…